Faith By Grace Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,949 | 95,190 | −2,241 | 0.8 | — |
| 2012 | 123,457 | 123,211 | 246 | 0.7 | — |
| 2013 | 117,976 | 122,074 | −4,098 | 0.3 | — |
| 2014 | 107,399 | 105,563 | 1,836 | 0.5 | — |
| 2015 | 129,116 | 119,651 | 9,465 | 1.4 | — |
| 2016 | 126,086 | 141,431 | −15,345 | -0.1 | — |
| 2017 | 140,097 | 136,054 | 4,043 | 0.2 | — |
| 2018 | 136,391 | 135,531 | 860 | 0.3 | — |
| 2019 | 165,440 | 180,145 | −14,705 | -0.7 | — |
| 2020 | 135,035 | 180,661 | −45,626 | -3.8 | — |
| 2021 | 151,681 | 173,968 | −22,287 | -5.5 | — |
| 2022 | 168,831 | 177,374 | −8,543 | -6.3 | — |
| 2023 | 199,231 | 183,896 | 15,335 | -4.9 | — |
In its most recent public year (2023), this organization brought in $15,335 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.9 months), down from 0.8 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Faith By Grace Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works